Friday 25 November 2022

Allies Fin Serve Stock Market's Post

*SGX Nifty -31 pts (18620) from last trade 18651 ,*


Nikkei -39 pts ,
Hangseng +12 pts ,
Around @ 7.00am .

*News Headlines from Business News Agencies:*

*Business Standard*

• Unemployment rate dips to 7.2% in July-September 2022: NSO survey
• Amazon to shut down its edtech platform in India, refund customers
• Sensex ends at record closing peak, up 762pts; Nifty near 18500
• Monetary policy faces severe information constraints: RBI DG Patra
• China's single-day Covid tally hits record high with 31,444 new cases
• Paytm's 75% share slump is world's worst for large IPOs in a decade
• China's iPhone city Zhengzhou locks down urban areas as Covid-19 cases rise
• Flex spaces in demand as 35-40% of firms prefer hybrid working: Awfis study
• Dubai-based Coral Energy turns focus to Asia, halts trade in Russian crude
• Indian economy expected to maintain growth above 6.5% in coming years: CEA
• Global uncertainty could have implications on India's exports: Piyush Goyal
• Greenfield construction cost for developers up 5-7% in Q3 2022: Report
• 77% employers likely used more apprentices in second half of 2022: Report
• China's tension with West 'very good opportunity' for India: Stellantis CEO
• HRW urges China, Japan, India to help restructure Sri Lanka's debts


*Economic Times*

• Easing inflation pain is not coming with respite from high interest rates
• Bisleri's chairman reveals the thought process behind Tata Consumer's takeover deal
• China's overarching presence in Africa's media landscape & the need for favourable narratives
• Centre sets out to revise wage threshold for EPFO's flagship retirement saving scheme
• Indians overtake Chinese as largest group of foreign students in UK
• Risk management should be in company's DNA: former Sebi chief M Damodaran
• Amazon US Black Friday Deals on Apple Products
• UK migration at peak since Second World War, here's what reports say
• NCLT directs tax dept to vacate the line on Sai InfoSystem’s land parcel
• Biocon Biologics allots equity shares worth Rs 2,205.63 crore to its parent
• Data protection bill will make justice accessible to all: Ashwini Vaishnaw
• India to set up e-office of Indian Ocean Rim Association secretariat
• Rupee firms as signs of Fed slowdown boosts risk appetite
• China iPhone factory workers take the money and leave after protests
• Volvo Car India to hike prices of select models by up to 1.8 percent
• India's chief economic adviser flags export growth concerns


*Mint:*

• Govt fixes ₹7,409 cr indicative value for 'The Ashok' hotel under NMP: Report
• UK PM Sunak committed to bring net migration down as it hits record high
• Former BOE official says bond buying overdone during pandemic
• Indians overtake Chinese as largest group of foreign students in UK
• India to grow at moderately brisk rate in coming years: finance ministry
• Global stocks rise on signs of Fed slowdown
• Policy task challenging given lagged data, frequent reviews: RBI dep guv
• Apple to address worker complaints after unrest at China iPhone factory
• Punjab National Bank gets govt approval to dilute stake in UTI Mutual Fund
• India to grow at ‘moderately brisk rate’, inflation to ease: FinMin report
• India headed for slower growth in 2023: Moody‘s
• Sebi allows issuers of municipal debt securities to issue green bonds
• Exporters demand fiscal incentives, credit at affordable rates in Budget

Bulk Deal & Insider Trade Update
Bulk Deals
*Pb Fintech Limited : Wf Asian Smaller Companies Fund Limited Buy 3421845 Shares @ Rs. 400

*Integra Essentia Limited : Vikasa India Eif I Fund-Incube Global Opportunities Buy 2500000 Shares @ Rs. 8.08

*Policybzr : Wf Asian Smaller Companies Fund Limited Buy 3353228 Shares @ Rs. 400

*Rossellind : Quant Mutual Fund Buy 193800 Shares @ Rs. 302.64
Ashika

Insider Trade
*Acquisition*
*Aditi Chirmule Director Acquisition 0 shares of Kirloskar Industries Ltd on 24-Nov-22

*Ashish Vij Director Acquisition 2500 shares of Sudarshan Chemical Industries Ltd. on 21-Nov-22
By: via Allies Fin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...